Don Received in the Mail Merchandise He Never Ordered

question 20

Multiple Choice

Don received in the mail merchandise he never ordered.The package was addressed to him,and when he opened it he saw a brochure stating he could keep the products for only $19.95.If he chose not to keep the products he was instructed to mail them back within five days.Don:

• A) can keep and use the merchandise without having to pay for it.
• B) can keep the merchandise only if he pays the $19. 95.
• C) must send the merchandise back if he does not want it.
• D) None of the above is correct.

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Definitions:

Intangible Property

Assets that have no physical presence but have value, such as copyrights, trademarks, and patents.

Bank Accounts

Financial accounts maintained by individuals or businesses with a bank, allowing for the deposit and withdrawal of money and other financial transactions.

Stocks

Shares of ownership in a company, representing a claim on part of the company's assets and earnings.

Purchase

Purchase refers to the act of obtaining goods or services in exchange for money or other valuable consideration.